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Euro India Fresh Foods Ltd IPO (Euro India Fresh Foods IPO) Detail

Mar 21, 2017 - Mar 24, 2017

Incorporated in 2009, Euro India Fresh Foods Ltd is an Indian based supplier and manufacturer of ready to eat products, chips, extruder, namkeen, snacks and juices. The product ranges from a wide variety of flavoured chips to beverages. Some of their products include, Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro’s mango drink Fresho and lemon based drink Euro Lemoni.

EIFF is a well known Gujarat based company sell their products under its brand “Euro – Fresh Khao Healthy Raho”. While it manufactures chips, getmore (a variety of extruder snacks) and packaged drinking water, other products are manufactures by its group entities on their behalf. Namkeens are manufactured by both the parties. EIFF’s products comply with requisite food safety standards including ISO and FSSAI norms. For distribution channel it has 5 consignee depots, 93 super stockists and over 2800 distributors. So far it has covered 10 states in India and is in the process of setting up of its distribution network in Goa and Chhattisgarh.

Objects of the Issue

The object of the issue are:

1. Repayment of certain unsecured loans;
2. Working capital requirements;
3. General Corporate purpose.

Euro India Fresh Foods IPO Details

IPO Date Mar 21, 2017 to Mar 24, 2017
Listing Date Friday, March 31, 2017
Face Value ₹10 per share
Price ₹78 per share
Lot Size 1600 Shares
Issue Size6,571,200 shares of ₹10
(aggregating up to ₹51.26 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Promoters of the comapany are:

1. Manharbhai Sanspara
2. Dinesh Sanspara
3. Mahesh Kumar Mavani

Euro India Fresh Foods IPO Lot Size

The Euro India Fresh Foods IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹124,800
Retail (Max) 1 1600 ₹124,800

Euro India Fresh Foods IPO Review

Based on stagnant working and negative net worth, one may give it a miss. Read detail review...


Euro India Fresh Foods IPO Subscription Status (Bidding Detail)

The Euro India Fresh Foods IPO is subscribed times on Mar 24, 2017 6:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Euro India Fresh Foods IPO Prospectus

Euro India Fresh Foods IPO Rating

51
3.3
Rating:Rated 3.3 stars
Vote Here ...

Euro India Fresh Foods IPO Listing Date

Listing Date Friday, March 31, 2017
BSE Script Code
NSE Symbol EIFFL
Listing In
ISIN INE546V01010
IPO Price ₹78 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹78.00
₹82.40
₹82.40
₹92.75
₹89.85

Company Contact Information

Euro India Fresh Foods Ltd
Plot No. A-22/1,
G.I.D.C. Ichhapore,
Surat-394 510, Gujarat
Phone: +91 261 2913021/41
Email: investor@euroindiafoods.com
Website: http://euroindiafoods.com/

Euro India Fresh Foods IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Euro India Fresh Foods IPO Review

Euro India Fresh Foods IPO Recommendation Summary

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Members 0 0 0

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Euro India Fresh Foods IPO FAQs

Euro India Fresh Foods IPO is a SME IPO of 6,571,200 equity shares of the face value of ₹10 aggregating up to ₹51.26 Crores. The issue is priced at ₹78 per share. The minimum order quantity is 1600 Shares.

The IPO opens on Mar 21, 2017, and closes on Mar 24, 2017.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Euro India Fresh Foods IPO opens on Mar 21, 2017 and closes on Mar 24, 2017.

Euro India Fresh Foods IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in Euro India Fresh Foods IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Euro India Fresh Foods IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Euro India Fresh Foods IPO allotment status.

The Euro India Fresh Foods IPO listing date is on Friday, March 31, 2017.
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Euro India Fresh Foods IPO Message Board

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6 Comments

4. Carn Mohan |   Link |Mar 20, 2017 6:42:53 PM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Any body know where I can buy BSE NSE SME shares, broker name please
4.1. BhargavDudani |   Link |Mar 22, 2017 1:34:39 PM
All Brokers Do
4.2. gala |   Link |Mar 27, 2017 2:35:38 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Not all brokers ...... Can try HDFc securities ... JM financial
3. gala |   Link |Mar 19, 2017 9:53:59 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I don''t think that such big issue will sail through
2. Titan |   Link |Mar 18, 2017 4:41:23 PM
can retail public can invest in SME IPO''s? If yes how please advice
1. Smiter |   Link |Mar 18, 2017 1:04:02 PM
Look at the ovreconfidence of these companies due to abundant liquidity (because of demonetisation & increase in money in banking system)...Fluctuating profits, Loss making current period, demandingsuch high price...& still some poor retail investors will apply & get looted...